Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a month in interest, which is enough to cover the company’s bankruptcy lawyers and other court costs, Reuters has reported. Get...
Silicon Valley Bank’s parent company says America’s banking watchdog owes it $1.9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
SVB Financial wants to collect $2 billion it is owed. The FDIC says: Wait your turn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
This tumultuous week began and ended the same: with Silicon Valley Bank still for sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
March 10, 2023
In Silicon Valley, and specifically for smaller tech firms, the tremors threaten to become a quake. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]
February 13, 2024
The Internal Revenue Service (IRS) is suing the Federal Deposit Insurance Corp. (FDIC) over a tax debt owed by the failed Silicon Valley Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]
August 15, 2023
Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a month in interest, which is...
July 10, 2023
Silicon Valley Bank’s parent company says America’s banking watchdog owes it $1.9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
May 04, 2023
SVB Financial wants to collect $2 billion it is owed. The FDIC says: Wait your turn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
